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I suggest without proof that the west could accommodate more people without adverse effects on the environment if construction preferences were different. The new construction meth…

You know, you're not wrong. Inflated asset prices can last a long time. Fundamentals win in the end, but the end can take longer than a person's career. "The market can stay irrati…

The western united states maintained its wilderness areas through a culture of conservationism that isn't remotely respected by the new arrivals. I've spent the last two decades wa…

This is the correct identification of cause that people don't want to accept.

Total Housing Estimate - https://fred.stlouisfed.org/series/ETOTALUSQ176N Vacant Housing Estimate - https://fred.stlouisfed.org/series/EVACANTUSQ176N So, looks like closer to ~11% …

Buying GME to offset losses in real estate is the most 2021 thing I've heard. I don't know if I should laugh or cry. The only thing I have to say is that I would expect the governm…

12% of US detached housing is vacant. Property is being held by speculators who are betting that interest rates will fall and increase the value of property. No amount of supply wi…

Right. Property values are highly correlated with incomes, because that determines what purchasers or renters can afford. Interest rates determine how much of a loan a purchaser ca…

That would require interest rates to rise - which would pop the current asset prices and lead us into a decadal global recession. There is no way out. Get out of debt and hoard as …

I would surmise the traditional belief of western philosophy thusly: 1) I do not have perfect knowledge. 2) Good, or at least better, ideas will implicitly produce better results o…

Yes, exactly. https://betterdwelling.com/canada-says-property-bubble-not-g...

I agree with you. The interest rate is the "price" of money. Central banks controlling the interest rate effectively practice price controls for debt. Much has been written about p…

I don't think anyone has mentioned this. The Forbes list of 100 wealthiest people will exclude people that ask to be excluded. All of the excluded people have inherited their wealt…